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Zaxis International Inc. - Statements of Cash Flows | 6 Months Ended | 12 Months Ended
--- | --- | ---
Jun. 30, 2015 USD ($) | Jun. 30, 2014 USD ($) | Dec. 31, 2014 USD ($) | Dec. 31, 2013 USD ($)
Cash flows from operating activities: |  |  |  |
Net loss | (627,533) | (16,928) | (173,870) | (51,400)
Loss (gain) on debt settlement | 528 | 0 | 0 | 0
Adjustments to reconcile net loss to cash used in operating activities: |  |  |  |
Expenses paid by related parties | 0 | 0 | 21,625 | 0
Fair value of services provided by related party | 0 | 0 | 0 | 36,000
Imputed interest | 4,113 | 0 | 17,490 | 0
Amortization of debt discount | 0 | 0 | 125,000 | 0
Changes in net assets and liabilities: |  |  |  |
Increase (decrease) in accounts payable | $ (7,500) | $ 0 | $ 7,500 | $ 0
Increase (decrease) in accrued liabilities | (35,833) | 9,178 | 3,255 | 9,450
Cash flows used by operating activities | (666,225) | (7,750) | 1,000 | (5,959)
Cash flows from investing activities: |  |  |  |
Cash used in investing activities | $ 0 | $ 0 | $ 0 | $ 0
Cash flows from financing activities: |  |  |  |
Advances from related parties | 0 | 7,500 | 0 | 5,950
Principal payments on debt | $ (52,375) | $ 0 | $ 0 | $ 0
Issuance of non-convertible note | 0 | 0 | 0 | 0
Proceed from sale of common stock | 1,185,000 | 0 | 0 | 5,950
Cash generated by financing activities | 1,132,625 | 7,500 | 0 | 5,950
Change in cash | $ 466,400 | $ 0 | $ 1,000 | $ 0
Cash - beginning of period | 1,000 | 0 | 0 | 0
Cash - end of period | 467,400 | 0 | 0 | 0
Supplemental cash flow disclosure: |  |  |  |
4,125,000 shares of common stock issued upon debt conversion | 0 | 0 | 125,000 | 0
BCF of debt discount on convertible notes | 0 | 0 | 0 | 0
Related party advances converted to convertible note payable | 0 | 0 | 40,000 | 0
Related party debt transferred to unrelated party | 0 | 0 | 120,979 | 0

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